SILJ vs. GDXJ
Compare and contrast key facts about ETFMG Prime Junior Silver Miners ETF (SILJ) and VanEck Vectors Junior Gold Miners ETF (GDXJ).
SILJ and GDXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SILJ is a passively managed fund by ETFMG that tracks the performance of the Prime Junior Silver Miners & Explorers Index. It was launched on Nov 28, 2012. GDXJ is a passively managed fund by VanEck that tracks the performance of the MVIS Global Junior Gold Miners Index. It was launched on Nov 10, 2009. Both SILJ and GDXJ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SILJ or GDXJ.
Key characteristics
| SILJ | GDXJ | |
|---|---|---|
| YTD Return | 18.70% | 14.59% |
| 1Y Return | 14.70% | 10.70% |
| 3Y Return (Ann) | -10.86% | -4.57% |
| 5Y Return (Ann) | 10.51% | 10.02% |
| 10Y Return (Ann) | 1.89% | 3.39% |
| Sharpe Ratio | 0.25 | 0.15 |
| Daily Std Dev | 35.65% | 33.91% |
| Max Drawdown | -79.04% | -88.66% |
| Current Drawdown | -38.83% | -67.89% |
Correlation
The correlation between SILJ and GDXJ is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SILJ vs. GDXJ - Performance Comparison
In the year-to-date period, SILJ achieves a 18.70% return, which is significantly higher than GDXJ's 14.59% return. Over the past 10 years, SILJ has underperformed GDXJ with an annualized return of 1.89%, while GDXJ has yielded a comparatively higher 3.39% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SILJ vs. GDXJ - Expense Ratio Comparison
SILJ has a 0.69% expense ratio, which is higher than GDXJ's 0.54% expense ratio.
Risk-Adjusted Performance
SILJ vs. GDXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Junior Silver Miners ETF (SILJ) and VanEck Vectors Junior Gold Miners ETF (GDXJ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
SILJ vs. GDXJ - Dividend Comparison
SILJ's dividend yield for the trailing twelve months is around 0.01%, less than GDXJ's 0.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SILJ ETFMG Prime Junior Silver Miners ETF | 0.01% | 0.01% | 0.05% | 0.36% | 1.23% | 1.45% | 1.66% | 0.00% | 0.52% | 2.46% | 0.00% | 0.10% |
GDXJ VanEck Vectors Junior Gold Miners ETF | 0.63% | 0.72% | 0.51% | 1.78% | 1.58% | 0.39% | 0.45% | 0.03% | 4.78% | 0.72% | 0.74% | 0.00% |
Drawdowns
SILJ vs. GDXJ - Drawdown Comparison
The maximum SILJ drawdown since its inception was -79.04%, smaller than the maximum GDXJ drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for SILJ and GDXJ. For additional features, visit the drawdowns tool.
Volatility
SILJ vs. GDXJ - Volatility Comparison
ETFMG Prime Junior Silver Miners ETF (SILJ) and VanEck Vectors Junior Gold Miners ETF (GDXJ) have volatilities of 10.90% and 10.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.